Inflation in Bulgaria in April has gone down to 0.3% compared to March and to 11.6% compared to the same month last year, the National Statistical Institute said. Year-to-date inflation (January 2023-April 2023) is 3% and the average annual..
We are not faced with the dilemma whether to support the European Union's 11th package of sanctions against Russia. Bulgaria will support the sanctions as usual. The 11th package of sanctions is aimed at limiting the possibilities of circumventing..
Minister of Economy, Trade and Industry of Japan Yasutoshi Nishimura and a delegation including representatives of leading Japanese companies have visited and held meetings at INSAIT - Institute for Computer Sciences, Artificial..
The declaration for strategic partnership between Bulgaria and Romania from 15 March, 2023 “in a sense bridges the lag of the past in the development of the huge potential in different spheres” between the two countries, said Bulgaria’s ambassador to..
Following the approval of the 2023 draft budget, the caretaker cabinet decided to table it to the National Assembly. According to the draft budget, the budget deficit for 2023 is set at 6.4% of the country’s gross domestic product. According to..
Co-chairman of "We Continue the Change" party and former Minister of Finance, Assen Vassilev, said that there were two errors in the draft budget for 2023 presented by the caretaker government. In a video on his Facebook page,..
"Bulgaria needs to defend an active position regarding the EU fiscal rules reform which appear s to be gaining momentum. As a country with one of the best debt-to-GDP ratios, it should receive support a nd not be penalized, if within one year the..
Representatives of foreign businesses in Bulgaria can now directly contact the Minister of Economy , Nikola Stoyanov and ask about issues that concern them, the Ministry of Economy announced. On the initiative of the Minister, a..
In the year (2022) when Russia invaded Ukraine, the defending country became the second most important destination for Bulgarian exports outside the EU, replacing traditional trade partners such as Serbia and the United States, data of the..
Bulgaria's GDP growth will continue to slow down at the beginning of 2023 and will slightly decrease in the second quarter of the year , the Bulgarian National Bank (BNB) forecasts. "This will be driven by the projected decline in the economy's..
